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Essen Speciality Films Ltd
Essen Speciality Films Ltd
Registered Office : Plot No. A Survey No. 192,Veraval (Shapar),Rajkot Gujarat 360002 Phone : 91-9825312701
Fax :
Email : info@essenspeciality.com
Website : www.essenspeciality.com
Initial public offer of 61,99,200 equity shares of face value of Rs. 10/- each ("Equity Shares") of Essen Speciality Films Limited (the "Company" or "Essen" or "Issuer") at an offer price of Rs. 107 per equity share (including a share premium of Rs. 97 per equity share) for cash, aggregating Rs. 66.33 crores* ("Public Offer") comprising a fresh issue of 46,99,200 equity shares aggregating to Rs. 50.28 crores* (the "Fresh Issue") and an offer for sale of 2,00,000 equity shares by Khushboo Chandrakant Doshi, 2,00,000 equity shares by Karishma Rajesh Doshi (collectively referred to as the "Promoter Selling Shareholders") and 7,00,000 equity shares by Devyaniben Chandrakant Doshi, 2,00,000 equity shares by Nita Kishor Doshi; and 2,00,000 equity shares by Rajesh Nanalal Doshi (collectively referred to as the "Promoter Group Selling Shareholders", along with the promoter selling shareholders referred to as "The Selling Shareholders") aggregating 15,00,000 equity shares by the selling shareholders ("Offer for Sale") aggregating to Rs. 16.05 crores* out of which 3,10,800 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 107 per equity share for cash, aggregating Rs. 3.33 crores* was reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. offer of 58,88,400 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 107 per equity share for cash, aggregating Rs. 63.01 crores* is hereinafter referred to as the "Net Offer". The public offer and net offer constituted 29.95% and 28.45% respectively of the post-offer paid-up equity share capital of the company. *Subject to finalization of basis of allotment.
Opens On
Closes On
23-Jun-2023
27-Jun-2023
Application
Allotment
107.00
0.00
Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
40.21
66.33
20.70
107.00
GYR Capital Advisors Pvt Ltd
- Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the company
- Funding the working capital requirements of the company
- General corporate purposes
- Pallav Kishorbhai Doshi
- Khushboo Chandrakant Doshi
- Karishma Rajesh Doshi
- NSE - SME
- Bigshare Services Pvt Ltd